Kirloskar Brothers Faces ₹3.6 Million Provident Fund Order

Kirloskar Brothers Limited (KBL), a leading pump manufacturing company, has received an order under the Employees Provident Fund Act directing the payment of ₹3.6 million. This order, issued by the relevant authorities, likely pertains to discrepancies or outstanding contributions related to employee provident fund payments. While the specific details of the order are not disclosed, such directives typically involve rectifying shortfalls in statutory payments or addressing compliance issues. KBL, known for its engineering expertise in fluid management, will need to address this financial obligation promptly. The company's management is expected to review the order and take necessary steps to comply with the directive, ensuring adherence to labor welfare regulations.

 

Source: Kirloskar Brothers Limited